SUN 0.93% $16.97 suncorp group limited

interim dividend., page-8

  1. 873 Posts.
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    Guys just watch out for more news about the claims affecting dividends.
    I'm expecting to see divs cut to close to zero for at least this half just gone.

    Their reinsurance is only covering $250 million of claims at the most which means they are liable for anything over that. The $250 million is pretty much all used up so they are effectively un-reinsured according to my analysis.
 
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